☀️ Friends, good morning to all.
A rebound from the level of 24800 without removing liquidity hints at a possible continuation of the decline to the area of + - 20k. At the moment I don’t see any interesting entries for myself.
1) I will consider shorts in case of a breakdown of 24800.
2) In case of trading in the range of 25 - 28k. I will look for short entries from the upper limit of the range.
3) I don’t see any point in shortening the current ones. The current oversold conditions hint at a rebound from the 25k level, but there is no aggressive buyback. In addition, the stock market found support at EMA100D and is trying to adjust, which is positive for all markets at the moment. Perhaps the cue ball will draw a local long setup against this background. #btc #bitcoin
